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Global Gateways: Page 3

Three Chinese Tankers U-Turn in Hormuz as Risks Remain High

The risks to shipping are set to continue after Trump insisted that there were no ongoing talks with Tehran, leaving the simmering conflict in the Middle East in limbo.

Photo: Bloomberg

Five Grain Ships Struck Near Russian Black Sea Ports

Russia and Ukraine have stepped up attacks on each other’s commercial ships and ports in the Black Sea area, raising concerns about global grain supplies.

Novorossiysk, Russia. Photo: iStock/saiko3p

Port of Los Angeles Tops 960K TEUs in July

Moving forward, Seroka predicted that it will likely be "steady as it goes" for the rest of 2026, with the port expecting to handle another 900,000 TEUs in August.

Los Angeles, California. Photo: iStock / KKStock

Port NOLA Cleared to Build New Deepwater Container Terminal

The terminal will allow the port to handle massive container ships with 50-foot drafts, which in the past have been too large to navigate to the port's existing facilities.

Workers wanted. A conceptual rendering of the Louisiana International Terminal. Image: Port of New Orleans

Chinese Shipper Launches First Cargo Service Through Arctic

The 3,500 mile path cuts through the Arctic Circle, and more than halves the time it takes to sail between China and Europe.

Photo: iStock.com/lyash01

Houthis Attack Another Saudi Ship in Red Sea

A spokesperson for the Houthis said on social media on August 17 that the group had struck a Saudi military vessel and four escort ships at Yemen's Port of Mokha.

A Navy ship patrols the Red Sea. Photo: iStock/gorsh13

Covert Mideast Oil Flows Are Keeping Global Prices in Check

The trade of ferrying oil through the Strait of Hormuz undetected to transfer the barrels onto tankers in the Gulf of Oman is running at full tilt, sources say.

Processing tank at the Abu Dhabi National Oil Co Ruwais refinery and petrochemical complex in Al Ruwais, United Arab Emirates. Photographer: Christophe Viseux/Bloomberg

Ports of Los Angeles, Long Beach to Boost Clean Energy Incentives

The ports will have agreed to increase financial incentives offered to ocean carriers that send their lowest-emitting vessels into Los Angeles and Long Beach.

Photo: iStock/halbergman

IEA Warns Global Oil Stockpiles Are Rapidly Depleting

The IEA now expects the global oil market to run a deficit of 1.8 million barrels per day in the third quarter, more than double its estimate from just a month ago.

Image: iStock/Thibault Renard

Panama Canal Backlogs Swell as Water Levels Fall

Around 113 vessels were waiting to transit the Panama Canal as of August 3, compared to just 40 vessels that were in line in early January.

Photo: iStock / Ceri Breeze

Houthi Strike in Bab al-Mandab Strait Kills Six

Houthi rebels reportedly hit a cargo ship with three ballistic missiles, in the first deadly attacks against commercial vessels in the region since the start of the Iran war.

Photo: iStock / Rainer Lesniewski

U.S. Sees Iran War Oil Supply Disruptions Lasting Through 2027

As the conflict extends into a sixth month, consumers around the world are once again facing the prospect of higher fuel prices and inflation.

A VLCC at sea. Photo: iStock/Teamjackson

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